Form 4: ChampionX Corp Executive Mahoney Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Paul E. Mahoney, a ChampionX Corp officer, reported disposing of 9,507 shares of common stock to cover tax obligations.

Summary

  • On February 18, 2025, Paul E. Mahoney, an officer at ChampionX Corp, disposed of 9,507 shares of common stock.
  • The transaction was executed at a price of $30.34 per share.
  • This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
  • Following the transaction, Mahoney directly owns 201,144 shares of ChampionX Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders, as insider transactions are often scrutinized for signals about the company's prospects.

Key Dates

DateDescription
02/18/2025Date of stock disposal transaction
02/20/2025Date of signature on the Form 4 filing

Keywords

Form 4, ChampionX Corp, CHX, Stock Disposal, Insider Trading, Mahoney Paul E, Beneficial Ownership

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